SEI Investments Co reports results for the quarter ended in September - Earnings Summary

SEI Investments

26/10/2022 22:02

* SEI Investments Co  SEIC.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 68 cents per share.
    * Revenue fell 2.9% to $471.33 million from a year ago;
analysts
expected $462.19 million. 
    * SEI Investments Co's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * SEI Investments Co shares had fallen by 0.1% this
quarter and
lost 19.6% so far this year.
    * The company reported quarterly net income of $61.66
million.
    * Wall Street's median 12-month price target for SEI
Investments
Co is $54.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.68           0.45           Missed
 Jun. 30 2022      0.83           0.81           Missed
 Mar. 31 2022      1.37           1.36           Missed
 Dec. 31 2021      0.97           1.03           Beat